XML 32 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
Warranty Reserves
 6 Months Ended
Jul. 02, 2017
Product Warranties Disclosures [Abstract]  
Warranty Reserves
Warranty Reserves

The Company provides warranty protection for certain products usually for a period of one year beyond the date of sale. The majority of costs associated with warranty obligations include the replacement of parts and the time for service personnel to respond to repair and replacement requests. A warranty reserve is recorded based upon historical results, supplemented by management’s expectations of future costs. Warranty reserves are included in “Accrued expenses and other current liabilities” on the condensed consolidated balance sheets.
A summary of warranty reserve activity for the three and six months ended July 2, 2017 and July 3, 2016 is as follows:
 
Three Months Ended
 
Six Months Ended
 
July 2,
2017
 
July 3,
2016
 
July 2,
2017
 
July 3,
2016
 
(In thousands)
Balance at beginning of period
$
8,937

 
$
9,751

 
$
9,012

 
$
9,843

Provision charged to income
3,391

 
3,793

 
6,380

 
7,452

Payments
(3,412
)
 
(3,699
)
 
(7,137
)
 
(7,614
)
Adjustments to previously provided warranties, net
(24
)
 
(182
)
 
515

 
(249
)
Foreign currency translation and acquisitions
196

 
(67
)
 
318

 
164

Balance at end of period
$
9,088

 
$
9,596

 
$
9,088

 
$
9,596